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Softa [21]
3 years ago
6

Aeryn Soon is a potential investor of Hippy Dippy Inc.’s preferred stock, which is currently selling for $475 per share. Hippy D

ippy pays an annual dividend of $40, and Aeryn’s required return is 8 percent. Should she purchase this preferred stock or NOT? Why?
Business
1 answer:
Ksju [112]3 years ago
5 0

Answer:

Yes she should purchase this preferred stock.

Explanation:

Return on investment as a percentage = return/capital invested * 100

For Aeryn to decide whether she should purchase this preferred stock, its return on investment should be higher than or equal to 8%. The return on investment of this preferred stock is $40/$475 * 100 = 8.42%, which is higher than her required return therefore she should purchase the preferred stock.

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Pina Corporation began operations on January 1, 2014. During its first 3 years of operations, Pina reported net income and decla
Sophie [7]

Answer:

The retained earnings statement showed a closing retained earnings of $226,120.00  as at 2017 year end.

Explanation:

In arriving at the closing retained earnings , I treated prior items retrospectively- that is as if the impact of such items have been in the accounts from day one,less the tax effect of all items involved.

For instance ,I deducted the understatement of depreciation in 2015 less of tax impact of 40%

Kindly find attached  for details.

Download xlsx
7 0
3 years ago
How many people went or is still going to vo-tech in Bloomsburg pa?<br><br>i need some advice
oksano4ka [1.4K]

Tours will be held on the following evenings, for the school districts listed. Times are 6:00 – 8:00 PM on these nights:

* Danville – February 3rd and 4th

* Central Columbia and Millville – February 10th and 11th

* Berwick – February 16th

* Southern Columbia and Bloomsburg – February 17th and 18th

7 0
3 years ago
Read 2 more answers
The stated purposed of NAFTA is to A. gain membership in the WTO. B. reduce the outsourcing of jobs to foreign countries. C. pha
jekas [21]

Answer:

C. phase out all trade and tariff barriers among​ Canada, Mexico, and the U.S

Explanation:

The North American Free Trade Agreement (NAFTA)

This agreement creates a bloc of trade for the region, Canada, Mexico and the US.

As state on "C" It result in the elimination or reduction of barriers to trade and investment between the countries.

It will be replaced in the following year by the United States–Mexico–Canada Agreement (USMCA)

But NAFTA will keep working until this new agreement is finished.

4 0
3 years ago
a bacteria population starts with 200 bacteriaa and grows at a rate of r(t) = (450.268)e 1.12567t bacteria per hour. How many ba
Virty [35]

Answer:

11,513

Explanation:

Data provided in the question:

Initial bacteria = 200

Growth rate r(t) = (450.268)e^{1.12567t}

Now,

Total growth after 3 hours = \int\limits^3_0 {(450.268)e^{1.12567t}} \, dt

or

Total growth after 3 hours = 450.268\int\limits^3_0 {e^{1.12567t}} \, dt

or

Total growth after 3 hours =450.268[\frac{e^{1.12567t}}{1.12567}]^3_0

[ ∵ \int{d(e^x)}{dt}=\frac{e^x}{\frac{dx}{dt}}]

Thus,

Total growth after 3 hours = 400 × [{e^{1.12567t}]^3_0

or

Total growth after 3 hours = 400 × [{e^{1.12567(3)}-e^{1.12567(0)}]

or

Total growth after 3 hours ≈ 11313

Hence,

Total bacteria after 3 hours = Initial bacteria + Total growth after 3 hours

= 200 + 11313

= 11,513

4 0
3 years ago
In the money creation process, the simple money multiplier assumes that banks hold no excess reserves. What is the consequence o
Alinara [238K]

Answer:

If banks hold excess reserves, then the money multiplier will be smaller.

Explanation:

It is easier to understand using an example:

required reserve rate = 5%

money multiplier = 1 / 5% = 20

if $100 are injected in to the economy and they are deposited in the banking system, the money supply will increase by $100 x 20 = $2,000. But this calculation only works if banks lend 100% of the loanable funds, but if instead banks only lend $90, instead of $95 ($100 x 95%), then the money multiplier will be 1 / 10% = 10. In this case, the money supply will only increase by half

7 0
3 years ago
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